Case Study: Global Technology Company minimizes disbursement errors with apexanalytix firststrike

Global Technology Using technology to minimize disbursement errors

Global Technology, a global leader in technology-enabled business solutions serving clients in more than 60 countries, needed a way to reduce disbursement errors across more than $1 billion in annual payments. With the potential for costly duplicate payments and other invoice processing mistakes, the company turned to apexanalytix and its firststrike® platform for software-enabled protection.

apexanalytix implemented firststrike® continuous protection and supplemented it with regular disbursement audits by its experts. The solution helped uncover just one duplicate payment in an audit of 150,000-plus invoices and over $1 billion in disbursements, while also eliminating duplicate payment losses tied to inconsistent coding, invoice dates, related vendors, and multiple payment platforms.